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California closer to getting a budget

Gov. Arnold Schwarzenegger has worked with state lawmakers in hopes of resolving California's budget woes.

STORY HIGHLIGHTS

California has been in a budget crisis since the summer

The state does not have a budget

The budget was supposed to be approved in June

(CNN) -- California has created a framework for an agreement on a budget that could solve the state's $19 billion deficit.

Gov. Arnold Schwarzenegger's spokesman released a statement about the development Thursday.

"The Governor and Legislative leaders have reached the framework of an agreement, will work through the details over the weekend, and hope to come to a final agreement when they reconvene Monday," the statement said.

State legislators have been working with Schwarzenegger for two days to get the agreement, the spokesman said. No other details were provided.